Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Serious Fraud Office is investigating a hotel and conference centre in Birmingham built by Britain’s second largest trade union that has been valued at tens of millions of pounds below its construction cost. … Read more
Interns are often blamed for office mishaps, but at ByteDance, a junior employee may have caused significant damage. The Chinese tech company confirmed that it fired an employee who allegedly tampered with the company’s AI model training tasks. ByteDance, valued at over $220 billion, has been working on its generative AI product Doubao to compete … Read more
Time is running out for a set of money-saving provisions in the tax code, and now is a good time to get your portfolio in order and minimize levies, according to Bank of America. The Tax Cuts and Jobs Act (TCJA), which took effect in the beginning of 2018, overhauled the federal tax code. It … Read more
Amid Warren Buffett’s $132 Billion Warning to Wall Street, He Can’t Stop Buying Shares of These 4 Unstoppable Stocks Arguably no money manager is more closely followed on Wall Street than Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. Aside from being an open book and willingly sharing the traits he looks for when putting … Read more
Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moldovan citizens have narrowly voted in favor of moving forward with discussions to join the EU, as revealed by early results on Monday. This outcome came as a surprise for President Maia Sandu, who had … Read more
Robinhood shook up the trading world when Redditors used the platform to make unconventional trades on struggling stocks like GameStop and Bed, Bath, and Beyond. Now, the company is introducing a key product to its lineup for U.K. customers. Robinhood has now launched margin trading for U.K. customers, six months after the initial launch of … Read more
European Tech Insights recently conducted a study in which they found that the majority of Europeans support the use of artificial intelligence in police and military operations. Over 3,000 people were surveyed, and 75% of them expressed support for AI technologies like facial recognition and biometric data being used for surveillance by law enforcement and … Read more
Carson Block, known for his ability to identify overvalued companies to short sell, recently advised investors to consider buying the largest US stocks as the market continues to climb higher due to steady inflows of capital. Despite concerns about high valuations as the S&P 500 Index reaches new records, Block believes that inflows from retirement … Read more
Investing.com – European stock markets started the new week on a subdued note, edging lower as investors focus on the future path of interest rates and the ongoing third-quarter earnings season. In Germany, the DAX traded 0.2% lower, while the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.1%. … Read more